Information Security Media Group Virtual Cybersecurity Summit: Fraud and Payments Security

Jason G. Weiss, Counsel with Faegre Drinker, discussed the exponentially growing threat of Business Email Compromise Attacks in the U.S. and around the globe at the Information Security Media Group Virtual Cybersecurity Summit. These malicious cyber-based attacks have overtaken ransomware as the number one cyberfraud threat facing the U.S. today — losses from these attacks are growing into the tens of billions of dollars per year. Jason shared tips on how to identify the warning sides of being victimized by one of the many different types of BEC attacks as well as a discussion on possible defenses on how to protect businesses from these destructive cyberattacks.